Business Standard

Dow sheds 156pts on profit taking

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BS Reporter Mumbai

US markets ended down on Monday due to profit taking at higher levels.

The Dow Jones Industrial Average shed 156 points (2%) at 8,419. The Nasdaq was flat at 1,731.

Indian ADRs were down - Sterlite plunged 7% to $9.62. Satyam and Wipro tumbled 5% each to $1.85 and $9.92, respectively.

Tata Communications declined 4% to $22.07. ICICI Bank shed 3.5% at $21.66. Dr Reddy's, HDFC Bank, Genpact, MTNL and Tata Motors dropped 1-2% each.

However, Patni Computers advanced 2.5% to $8.08.

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First Published: May 12 2009 | 8:16 AM IST

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